Nifty forms Bullish Engulfing pattern, Weekly Analysis

Last week we gave Chopad Levels  of 8026 ,Nifty made high of 8250.8 meeting our 3 Chopad Level of 8251 and closed at the highest point of the week. We got Stopped out on Monday but were with the trend from Tuesday as soon as Nifty moved above the Chopad level of 8026 and rewarded the Disciplined Chopad followers .  Lets analyze how to trade market in coming expiry  week. Nifty Hourly Chart

Posted in: Technical Analysis